GoDaddy Merchant Accounts

By Web Hosting on Dec 28, 2007 in GoDaddy Domains

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GoDaddy Merchant Accounts

GoDaddy offers Merchant Accounts for e-business owners in order to facilitate acceptance of credit cards; thereby simplifying e-business processes. With Merchant Accounts; web owners get the exact tool required to increase sales, eliminate paperwork and reduce any kind of risks involved with e-businesses. With this tool; customers are able to pay for the products and services through their credit cards; a quicker and easier mode of online transaction. Web owners are offered with the flexibility and option to choose from three merchant accounts: Standard U.S. Merchant Account, Specialty Merchant Account and International Merchant Account.

The Standard U.S. Merchant Account is priced at $20 per month. The application fee for the same is $59.95, the discount rate is 2.59% and the fee charged per transaction is $0.35.
GoDaddy’s Specialty Merchant Account is for merchants who deal in products and services that belong to the list of industries mentioned below:

Web Hosting

The following industries cannot avail the Specialty Merchant Account services:

The monthly fee for this merchant account plan is $20.00 per month. The application fee for the same is $199 and the starting discount rate is 2.39%. The fee for each transaction starts at $0.30.

The International Merchant Account also includes Canadian based companies. The monthly fee for this account is $20 and the application fee is priced at $695.00. The discount rate starts at 4.95% and the fee for each transaction is $0.40. The Canadian discount rate is 2.99% and the Canadian per transaction fee is $0.24.

Merchant Account enables quick and easy transaction of cash online in a safe and reliable environment. According to Visa International, of every $100.00 spent by consumers, nearly $40.00 is in a form other than cash or check. Furthermore; merchants are able to receive payments within 24-72 hours. The U.S. based application too gets approved just within a single day. With a merchant account; every discerning consumer will know instantly that they are dealing with a credible website as an e-commerce enabled website needs to undergo a thorough approval procedure required to accept credit cards. Customers will therefore be able to make purchases more confidently.

It eliminates the need of any kind of paperwork or the hassle of processing checks. All business transactions get directly deposited into the merchant’s bank account; thereby saving him/her time and effort. With a merchant account; not just the merchant but the customer too gets the flexibility, reliability and security of making credit card payments minus the hassles. This in turn revs up the sales quotient of the website.

GoDaddy offers 24/7 quality support both by phone and email in order to resolve any kind of issues or queries related to GoDaddy products and services.

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